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Pop Mart reports sales drop in Asia-Pacific and Americas, shares fall over 4%

Pop Mart's first-half revenue rose 23.8% to 17.17 billion yuan, but sales in Asia-Pacific ex-China and the Americas fell 9.7% and 16.5% respectively. Citi lowered its 2026 revenue growth forecast to -8% and the price target to HK$198. AI-generated

Why it matters:First-half results show overseas sales decline, triggering a stock drop and a price target cut.

EarningsResalePOP MARTLABUBU

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